Company Name KYOWA COMPANY LTD. Address 129 Shin-monjo-cho, Fukakusa,Fushimi-ku, Kyoto City, Kyoto Japan 612-8436 Telephone +81-75-643-5101 Fax +81-75-642-3810 E-mail kyototex@skyblue.ocn.ne.jp Establishment March 1, 1971 Capital 12 million yen Number of Employees 9 Main Dealing Bank The Bank of Kyoto,Ltd. The Kyoto Chuo Shinkin Bank Executive Members President Director Director Auditor Shigeki Fukao Eiji Fukao Hisashi ichii Keiko Fukao

1971 Started business activities as Kyowa Company Ltd. An overall goal was not set due to the small scale of activities, but selling various metallic yarn to traders was one of the company's initial activities. Around 1975 Searched for domestic market for flat bed knitting related products and export market for warp and circular knit cloths. Expansion of the bed knitting product industry helped make this successful. 1980 Looking for more overseas business, the company registered the trademark Kyototex and expanded its sales area for knit products. Sales volume grew steadily in Hong Kong. The company became will known throughout the industry, and the sales expanded. Around 1985 Began emphasizing sales of metallic yarn for embroidery. Started exporting to Southeast Asia, the Middle East and Africa under the Kyototex trademark. Around 1993 Continued good sales of knit products domestically and abroad. Expanded the sales of metalic yarn for embroidery. Together with knit products, total gross product grew to a peak of 700 tons. However, about this time, the Japanese economy started to recede. 1995 Due to weaker competition in the exporting of Japanese products, the company established Kyototex Company Ltd. in Hong Kong for the manufacturing of products in China. 1996 Established manufacturing companies in Dongguan City in Guang Dong, China 1997 Established Kyototex Hong Kong Co., Ltd. as a sales and service division for products made in China. 2000 As we near our 30th anniversary, our sales are mainly knit products and metallic yarn for embroidery. We try to provide popular products at low prices in a timely manner, We are also working to develop unique products and promote our new metallic yarn to the world in an original way. 2002 Established KYOTOTEX(SHANGHAI)LTD. in Shanghai City in CHINA as a sales company.

Japan KYOWA COMPANY LTD. 129 Shinmonjo-cho,Fukakusa,Fushimi-ku,Kyoto City, Kyoto,Japan 612-8436 TEL.+81-75-643-5101　FAX.+81-75-642-3810 e-mail：kyototex@skyblue.ocn.ne.jp Hong Kong KYOTOTEX COMPANY LTD. RM,1001,10/F.,ENTERPOT CENTRE, 117 HOW MING STREET,KWUN TONG, KOWLOON, HONG KONG TEL852-2787-7494 FAX852-2787-0154 e-mail:kyototex@biznetvigator.com China Factory HIPWO THREAD PRODUCT CO.,LTD.(FACTORY) XIE GUNG ZHEN,XIE GUAG INDUSTRIAL ZONE, DONGGUAN CITY,CHINA TEL0769-6776-2590 FAX0769-6776-2591 Shanghai KYOTOTEX(SHANGHAI)LTD. RM,1101,SUITE C,ORIENT INTERNATIONAL PLAZA, 85 LOU SHAN GUAN ROAD,SHANGHAI 20036 P.R.CHINA TEL021-6278-0214,021-6278-0241 FAX021-6278-0204 e-mail:kyototex@sh163.net